Hope not I need two bags tommorow. LolWhat about cement?
I hear that is in short supply as well?
Hope not I need two bags tommorow. LolWhat about cement?
I hear that is in short supply as well?
Hope not I need two bags tommorow. Lol
Cheers but I don't even know of a selco in our area. LolSelco had plenty a couple of days since.
I was looking at 2 massive container ships off the coast of Torquay that have been there for a while.Gone greedy....I am getting more and more skeptical about the situation we find ourself forced into....
Ever the optimistA lot of things should hopefully change at the end of the month when they ditch the furlough scheme and there will be no excuses to keep the workforce away from the workplace
They do that off the Essex/Suffolk coast with oil tankers. Just sat there out of the shipping lanes till the price goes up sufficiently to warrant coming in and selling it.I was looking at 2 massive container ships off the coast of Torquay that have been there for a while.
Sheltering from the elements? or sat there artificially driving up prices of their contents ?
A lot of things should hopefully change at the end of the month when they ditch the furlough scheme and there will be no excuses to keep the workforce away from the workplace
Too be honest I can't see how the cost of keeping the ship's there outweigh the lost money from future cargo movement if I am honest but call me skeptical if you like I am convinced that much of the profiteering/price gouging is being organised on the back of Covid or because of Covid.I was looking at 2 massive container ships off the coast of Torquay that have been there for a while.
Sheltering from the elements? or sat there artificially driving up prices of their contents ?
A lot of things should hopefully change at the end of the month when they ditch the furlough scheme and there will be no excuses to keep the workforce away from the workplace
I am surprised the economics allow for that but not surprised they do this if it does.They do that off the Essex/Suffolk coast with oil tankers. Just sat there out of the shipping lanes till the price goes up sufficiently to warrant coming in and selling it.
The red diamondsI am surprised the economics allow for that but not surprised they do this if it does.
Presumably the oil doesn't "go off". Anybody remember the Nigerian cement fiasco of the mid-1970s? There were said to be 420 ships laden with cement, moored for months on end outside Lagos, because somebody had ordered about 20 million tons to be delivered in a single year without first checking whether adequate unloading and storage facilities were available.They do that off the Essex/Suffolk coast with oil tankers. Just sat there out of the shipping lanes till the price goes up sufficiently to warrant coming in and selling it.
Still there tonight . Their not daft !.I was looking at 2 massive container ships off the coast of Torquay that have been there for a while.
Sheltering from the elements? or sat there artificially driving up prices of their contents ?
A lot of things should hopefully change at the end of the month when they ditch the furlough scheme and there will be no excuses to keep the workforce away from the workplace
Oil is bought and sold many times on the bills of laden between loading and point of discharge. Its a commodity just like any other. Prices go up and down as we know. The quality of the crude and how much undesirable stuff is in it also makes a fair difference to the price over time. For example many deep water fields have issues processing methanol used to prevent sub sea hydrate plugs forming. Some refineries have issues processing it due-to the type molecular sieves they have. All sorts of cargo sits in ships off Rotterdam and many other places, waiting for payment, suitable berth being available etc, suspect timer is the same. A ship is in effect quite a cheap short term storage facility. I once sat on a bulk carrier full of coal for 45 days waiting to discharge in a UK port January 1985. Arthur and Maggie caused that hold up.They do that off the Essex/Suffolk coast with oil tankers. Just sat there out of the shipping lanes till the price goes up sufficiently to warrant coming in and selling it.
Oil is bought and sold many times on the bills of laden between loading and point of discharge.
Its probably going for biomass! Which is a bit bizarre. Importing wood to burn for a subsidy, but it does happen. From what I gleaned today in the pub in the states timber is traded like any other commodity and futures market by the board foot.Our local docks at King's Lynn is rammed full of Russian timber and it does not seem to move?